Posts Tagged East Asia

Contrarian’s case: Why US could dip into recession

In this July 9, 2014 photo, economist David Levy poses for picture in his office in Mt. Kisco, N.Y. Levy, who oversees the Levy Forecast, a newsletter analyzing the economy that his family started in 1949, says the United States is likely to fall into a recession next year triggered by downturns in other countries, the first time in modern history. (AP Photo/Seth Wenig)

NEW YORK (AP) — Just as the U.S. economy is strengthening, other countries are threatening to drag it down.

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Top seeds Cirstea, Svitolina win openers in Baku

BAKU, Azerbaijan (AP) — Top seed Sorana Cirstea of Romania struggled past wild card Ons Jabeur of Tunisia 6-3, 6-3 to open her account in the Baku Cup on Tuesday.

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Pyeongchang’s 2018 Olympic committee faced audit

FILE- In this Feb. 22, 2014 file photo, president of the Pyeongchang Organizing Committee for the 2018 Winter Olympics Kim Jin-sun attends a press conference during the 2014 Winter Olympics, in Sochi, Russia. Kim has resigned, saying new leadership is needed to complete preparations for the games. A former provincial governor, Kim was elected president of the Pyeongchang Organizing Committee (POCOG) in late 2011 after Pyeongchang won the right to host the Winter Olympics for the first time in South Korea. He was re-elected last year for another two-year term.  (AP Photo/Bernat Armangue, File)

SEOUL, South Korea (AP) — The organizing committee for the 2018 Winter Olympics in Pyeongchang has been under investigation over its preparations for the games, South Korean officials said Tuesday.

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Chief of Pyeongchang’s organizing committee quits

FILE- In this Feb. 22, 2014 file photo, president of the Pyeongchang Organizing Committee for the 2018 Winter Olympics Kim Jin-sun attends a press conference during the 2014 Winter Olympics, in Sochi, Russia. Kim has resigned, saying new leadership is needed to complete preparations for the games. A former provincial governor, Kim was elected president of the Pyeongchang Organizing Committee (POCOG) in late 2011 after Pyeongchang won the right to host the Winter Olympics for the first time in South Korea. He was re-elected last year for another two-year term.  (AP Photo/Bernat Armangue, File)

SEOUL, South Korea (AP) — The head of the organizing committee for the 2018 Winter Olympics in Pyeongchang resigned Monday, saying new leadership and a “stronger system” is needed to complete preparations for the games.

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Double disasters taint Malaysia Airlines

An electronic board displaying "Pray for MH17" at the departure hall at Kuala Lumpur International Airport in Sepang, Malaysia, Friday, July 18, 2014. Malaysia Airlines has increased the death toll from Flight 17 that was shot down over war-torn eastern Ukraine on Thursday to 298 from 295, saying that three infants had not been included in the original list. (AP Photo/Joshua Paul)

HONG KONG (AP) — Hit by two astonishing tragedies in quick succession, the Malaysia Airlines brand may become the airline industry’s equivalent of asbestos or News of the World: toxic to the public and, experts say, impossible to redeem.

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